EU Auto Giants Call For 'Made In Europe' Incentives Amid Rising Chinese Competition

Futures Rise, Oil Slides On Iran Ceasefire Optimism After Best Month For Stocks Since 2020 US equity futures are higher, set for a new all time high, as the rally that’s pushed Wall Street to record highs on strong megacap tech earnings continues, after the S&P posted its best monthly increase since November 2020. As of 8:00am ET, S&P futures are up 0.3% (spiking moments ago on a report that Iran submitted its latest response to US amendments on the ceasefire agreement), while Nasdaq futures are modestly in the red...

Federal Government Pauses Funding To Los Angeles Homeless Agency Citing Fraud Allegations Authored by City News Service via The Epoch Times, The U.S. Department of Housing and Urban Development (HUD) on June 11 suspended federal funding to the Los Angeles Homeless Services Authority (LAHSA), cutting off millions of dollars to the L.A. region, over allegations of fraud and widespread mismanagement. HUD Secretary Scott Turner testifies before the Senate Appropriations Subcommittee on Transportation, Housing and Urban Development about his department's proposed FY2026 budget in the Dirksen Senate Office Building on Capitol Hill in...

Hunter Biden's LAPTOP Memecoin Crashes 99% In First Hour After Launch... Hunter Biden’s LAPTOP memecoin fell 99% in its first hour of trading on Wednesday, as the son of former US President Joe Biden officially entered the market for politically themed cryptocurrencies. The token, which we previewed here, issued on Ethereum layer-2 network Base, traded below $2.00, after opening at $199.50, according to CoinGecko data. It recorded more than $3 million in trading volume. Source: CoinGecko “The symbol they used to try to end me is now a symbol of resilience, redemption and recovery,”...